Chennai Petroleum Corporation Limited (CPCL) has formally announced the cessation of Shri M Annadurai (DIN: 10870538) as a Non-Executive Nominee Director from its Board. The cessation is effective from 31st March 2026. This change is a direct consequence of Shri Annadurai’s Super-Annuation from the services of Indian Oil Corporation Limited (IOCL), CPCL’s holding company. No further details regarding a replacement or profile change were provided as the change resulted from retirement.
Board Change Notification for CPCL
Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation Limited (IOCL), has issued a regulatory disclosure regarding a change in its Board of Directors. The announcement was made on 31.03.2026, addressing both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE).
Details of Director Cessation
The core subject of the disclosure is the cessation of Shri M Annadurai from his position as a Non-Executive Nominee Director. His Director Identification Number (DIN) is 10870538.
The specific Reason for change is stated as his Super-Annuation from the services of the holding company, IOCL. Consequently, the Date of Cessation is confirmed as 31.03.2026.
Annexure I Summary
In compliance with relevant disclosure requirements, the necessary details have been appended in Annexure I. The annexure confirms that since this event is a cessation due to retirement, the details required for an appointment—such as a brief profile or disclosure of relationships between directors—were Not Applicable.
The document was finalized and signed by P. Shankar, Company Secretary, on behalf of CPCL.
Source: BSE
